18 BARROW CRESCENT, Elizabeth Vale, SA 5112

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Under Offer

$169,000 - $179,000 - Under Contract

A Great Positive Geared Investment Opportunity

Ideally situated in popular Elizabeth Vale right opposite a leafy green reserve is this 3 bedroom Semi-Detached Homette. This property is neat and tidy and is situated close to Salisbury Centre, Lyell McEwin Hospital, Harry Bowey Reserve and all other facilities. The property possesses many good features, some of which are as follows :

• 3 Good Sized Bedrooms

• Separate Lounge / Living Room

• Huge Dining Area

• Updated Kitchen and Bathroom

• Polished Floorboards Throughout

• Reverse Cycle Split System Air Conditioner

• Aluminium Window Frames and Front Rollershutters

• Good Sized and Well Fenced Backyard

• Large Allotment of 540m2

• Opposite a Leafy Green Reserve

• Close to All Facilities

Currently tenanted @ $ 245.00 per week to good long term tenants who wish to stay on and are looking after the property well and paying on time. This investment represents a positive gearing cash flow investment – even at 100% financing. Add to that future capital gain. A great startup investment or a welcome addition to your current portfolio. Please email me if you would like a costs v’s income cash flow analysis. Inspection is by appointment only.

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Property Info:
  • Property ID: L480811
  • Property Type: House
  • Land Area: 540.0 sqm
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R&H Suburb Profile: Elizabeth Vale

R&H Suburb Summary Houses
Number of sales 78
Average Price $260,965
Median Price $266,500
Median Rental Price $283 p.w.
Change in Rental Rate (5yr) 7 %
R&H Suburb Summary Units
Number of sales 10
Average Price $646,100
Median Price $141,000
Median Rental Price $220 p.w.
Change in Rental Rate (5yr) 7 %
Elizabeth Vale, SA - Median Trend
$266,500